Artis Real Estate Investment Trust (OTCMKTS:ARESF) Trading Up 0.7% – Still a Buy?

Artis Real Estate Investment Trust (OTCMKTS:ARESF)’s stock price was up 0.7% on Monday . The company traded as high as $5.60 and last traded at $5.59. Approximately 12,375 shares were traded during mid-day trading, an increase of 3% from the average daily volume of 12,041 shares. The stock had previously closed at $5.55.

Artis Real Estate Investment Trust Price Performance

The business’s 50-day moving average is $5.32 and its two-hundred day moving average is $5.24.

Artis Real Estate Investment Trust Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be given a $0.0369 dividend. This represents a dividend yield of 8.01%. This is an increase from Artis Real Estate Investment Trust’s previous dividend of $0.04. The ex-dividend date is Monday, June 30th. Artis Real Estate Investment Trust’s dividend payout ratio (DPR) is currently 84.74%.

Artis Real Estate Investment Trust Company Profile

Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States. Artis's vision is to build a best-in-class asset management and investment platform focused on growing net asset value per unit and distributions for investors through value investing in real estate.